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India defers FTA talks with EU

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New Delhi: India on Wednesday announced putting off negotiations with the European Union on the proposed free trade agreement (FTA) that was scheduled to take place this month, on grounds of the ban imposed by the EU on importing 700 drugs from Hyderabad-based GVK Biosciences.

www.cbp.gov
Photo Credit: www.cbp.gov

“Government defers the proposed talks between the chief negotiators on India-EU Broad-based Investment and Trade Agreement (EU-BTIA),” the commerce ministry said in a release here.

“This decision has been taken as the government of India is disappointed and concerned by the action of EU in imposing legally binding ban on the sale of around 700 pharma products clinically tested by GVK Biosciences,” the ministry said.

“The government has engaged on the issue with various EU regulators over past 8 months,” it added.

The trade negotiators from both sides were expected to meet here on August 28 to resume the talks stalled in 2013.

“It is pertinent to mention that most of these drugs are already in EU market for many years without any adverse pharmacovigilance report from any member state,” the statement said.

On Tuesday, the EU Trade Commissioner Cecilia Malmstrom said the meeting of the chief negotiators will focus on taking stock of negotiations.

The EU-India free trade talks have failed to reach an agreement over issues pertaining to lowering of tariffs on Indian automobiles and wines and spirits.

The EU ban on over 700 drugs, imposed last week and accepted by the European Medicines Agency (EMA), is expected to be effective from August 21.

Earlier this year, Commerce Minister Nirmala Sitharaman said India was “ready to talk” with the European Union (EU) on the proposed bilateral free trade agreement.

“I have assured the EU ambassador and ambassadors of individual EU countries that we are ready to talk with the European community. They have been our traditional trading partners,” Sitharaman had told reporters here.

Negotiations on the FTA between India and the EU, were launched in June 2007 but have been facing hurdles with both sides having differences on crucial issues.

No negotiation was held after both sides failed to bridge disagreements in May 2013 on crucial issues including data security status for the IT sector.

The EU-India bilateral trade stood at $101.5 billion in 2013-14.

(IANS)

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Kejriwal’s Door to Door Donation Drive is a Farce: Munish Raizada

Chanda Bandh Satyagraha makes an appeal that AAP should immediately restore donors' list on its website and then only seek new donations.

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Kejriwal
Dr. Munish Raizada along with his Chanda Bandh Satyagraha team outside the office of AAP MLA Jarnail Singh (Tilak Nagar). File photo

Chicago: The Aam Aadmi Party Convener and Delhi CM Arvind Kejriwal has launched a door to door campaign seeking donations for the AAP.  According to former overseas co-coordinator of Aam Aadmi Party, Dr. Munish Raizada, this is nothing more than a misleading campaign!

Raizada says that Kejriwal has no moral right to seek donations from common man as he has dismantled financial transparency in AAP by removing donors list from its website. Displaying donors’ list showing real time donations and making the income and expenditure accounts available online were the basis and the promise of the AAP, emphasised Raizada.

Now, after hiding donors’ list and its balance sheets from the public, the AAP cannot claim to be practising alternative politics.

Munish Raizada, kejriwal
Lack of financial transparency in the Arvind Kejriwal-led AAP prompted a group of NRIs, who once worked to mobilise funds and support for the party, to turn against it. (File photo)

It may be noted that AAP removed the list of donors from its website in June 2016. Moreover, since then AAP has been surrounded with controversies related to donations. AAP had also received Rs 30.67 crore Income Tax notice, last year in November, implying that all is not well with AAP’s accounts, says Raizada.

He further questions Kejriwal, that if AAP has nothing to hide about its accounts and if AAP is honest with its account keeping then why is Kejriwal hiding the donations?

Even the donation policy that was earlier the pride of every AAP volunteer has been done away with. The donation policy on AAP website used to state: “Every single rupee donated to the party will be published on the website immediately along with the details of the donor. Every expense done by the party will also be published on the website.”

But rather than putting the donors’ list in public domain, the party’s corrupt leadership started blaming BJP and I.T. Department for harassing its donors.

 

munish raizada, kejriwal
Chanda Bandh Satygrah demands restoration of  lost values in AAP ( File Photo)

 

Opaque political funding is the fountain head of corruption. Further, Raizada says that if the party cannot be transparent in its political funding, then talking about fighting corruption and graft is a mere rhetoric. He said that the appeals by Chanda Bandh Satyagraha have fallen on deaf ears as far as the party’s

leadership is concerned. 

Chanda Bandh Satyagraha makes an appeal that AAP should immediately restore donors’ list on its website and then only seek new donations. Chanda Bandh Satyagraha was started by AAP’s volunteers in 2016, with an appeal to the public not to donate to AAP unless it makes its donation lists open and transparent.

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